Earnings | Delta Corp Ltd (NSE: DELTACORP): Q3FY23 Results Out; Total Income rise 13% YoY

Delta Corp Ltd (NSE: DELTACORP) is a diversified hospitality and gaming company in India. The company operates casinos in Goa and Sikkim, offers online gaming services, and is also involved in real estate development.

The company has reported its financial results for the period ended December 31, 2022. During the quarter, the company reported total income of Rs. 285.02 crore, a slight increase from Rs. 279.87 crore reported in the previous quarter ended September 30, 2022. The company’s net profit also increased to Rs. 84.82 crore from Rs. 68.25 crore in the previous quarter. The company’s earnings per share (EPS) for the quarter ended December 31, 2022, stood at Rs. 3.16, an increase from Rs. 2.54 reported in the previous quarter.

Comparing the results to the same period last year, the company’s total income increased from Rs. 252.20 crore in December 2021 to Rs. 285.02 crore in December 2022. The company’s net profit also increased from Rs. 70.38 crore in December 2021 to Rs. 84.82 crore in December 2022. The EPS for the period ended December 31, 2022, was Rs. 3.16, an increase from Rs. 2.62 in the same period last year.

For the 9 months period ended December 31, 2022, the company reported total income of Rs. 821.22 crore, an increase from Rs. 417.44 crore reported in the same period last year. The company’s net profit for the same period also increased to Rs. 210.20 crore from Rs. 18.88 crore reported in the same period last year. The EPS for the 9 months period ended December 31, 2022, was Rs. 7.83, an increase from Rs. 0.70 reported in the same period last year.

Overall, Delta Corp Ltd’s financial results for the quarter ended December 31, 2022, indicate a positive trend with an increase in total income, net profit, and EPS. The company’s strong performance is a result of its robust business model and effective management strategies, which have allowed it to maintain its position as a leading gaming and hospitality company in India.